Banco Union SA Advises SWIFTBIC Code Use for Secure Transactions

Published: 08/15/2025
SWIFT code fund security international remittance
Understanding and accurately using BANCO UNION S.A.'s SWIFT/BIC code is essential for ensuring fund security. This article provides a detailed analysis of the composition and usage considerations of its SWIFT code, helping you to smoothly carry out international remittances while avoiding unnecessary delays and issues.
Banco Union SA Advises SWIFTBIC Code Use for Secure Transactions

When making international money transfers, a small but crucial detail—the SWIFT/BIC code—can significantly impact both the security and speed of your transaction. Understanding and correctly using these codes is essential to avoid potential issues. This article provides a detailed breakdown of the SWIFT/BIC code information for BANCO UNION S.A., ensuring your funds reach their destination smoothly.

1. Understanding SWIFT/BIC Codes

A SWIFT/BIC code is an 8- to 11-character alphanumeric identifier used to recognize specific banks and their branches worldwide. Each segment of the code carries distinct information:

  • Bank Code (BAUN) : The first four letters represent BANCO UNION S.A.
  • Country Code (BO) : The following two letters indicate Bolivia as the bank's location.
  • Location Code (22) : This two-digit number identifies the bank's headquarters.
  • Branch Code (LPZ) : The final three characters specify a particular branch.

If a SWIFT code ends with "XXX," it refers to the bank's head office.

2. BANCO UNION S.A.'s SWIFT/BIC Code Details

Below is the complete information for BANCO UNION S.A.'s SWIFT/BIC code:

  • SWIFT Code : BAUNBO22LPZ
  • Bank Code : BAUN
  • Country Code : BO
  • Location Code : 22
  • Branch Code : LPZ
  • Branch Name : BANCO UNION S.A.
  • Address : AVENIDA CAMACHO, ESQUINA CALLE, LA PAZ

3. Key Considerations for Error-Free Transfers

To prevent delays or complications when using SWIFT codes for international transfers, verify the following details:

  1. Confirm Bank Information : Ensure the recipient's bank name matches exactly.
  2. Verify Branch Details : If using a branch-specific SWIFT code, confirm it aligns with the recipient's branch.
  3. Check Country Accuracy : Since many banks operate globally, double-check that the SWIFT code corresponds to the correct country.

Mastering these fundamentals enhances the security of your cross-border transactions, whether for personal or business purposes. Accurate SWIFT/BIC code usage is the first step toward seamless financial operations, providing peace of mind with every transfer.

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